Trump urges Speaker Mike Johnson to raise taxes on the wealthy, adding new wrinkle to massive GOP bill

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Trump urges Speaker Mike Johnson to raise taxes on the wealthy, adding new wrinkle to massive GOP bill

WASHINGTON (Reuters) -U.S. President Donald Trump privately urged House of Representatives Speaker Mike Johnson during a phone call on Wednesday to raise the top tax rate and close the carried interest loophole in upcoming legislation, a person familiar with the conversation said on Thursday.Trump and Johnson spoke as the Republican-controlled House sought to advance the president’s legislative agenda, which would extend his 2017 Tax Cuts and Jobs Act for businesses and individuals, while eliminating taxes on tip income, overtime pay and Social Security benefits.Johnson and other top Republicans have resisted the idea of increasing the tax rate on wealthy Americans ..